Red Phosphorescent OLED Devices : Universal Display Corporation and Novaled AG today presented a joint scientific paper at the International Society of Optical Engineering Optics and Photonics 2006 conference in San Diego, CA. The presentation detailed the achievement of a saturated red Pholed phosphorescent OLED device with a luminous efficacy of 15 candelas per ampere and an operating voltage of less than 4 Volts for a record power efficiency of 12 lumens per Watt all at 1,000 candelas per square meter brightness. This milestone was achieved of Universal Display's high-efficiency Pholed phosphorescent OLED technology and materials with Novaled's low-voltage conductivity doped Novaled PIN-OLED technology and transport materials.